Vassily Rudomino

Work Department

Position

Vassily Rudomino, Senior Partner, specializes in large cross-border and home mergers and acquisitions, restructuring and insolvency, competition and antitrust regulation (including Strategic Investments Law), arbitration and litigation (including international arbitration and enforcement), investment projects. He deals with both Russian and international clients, majorly from pharmaceutical, manufacturing, banking and oil & gas sectors.

Career

1991 to date – co-founder and Senior Partner, ALRUD Law Firm Mr. Rudomino participates in international professional conferences and workshops for business community on corporate / M&A, competition and dispute resolution matters; he is the author of the articles on acute issues in legal practice published in the leading Russian and foreign media. Vassily Rudomino is an editorial board member of “Advocate” magazine.

Languages

English, Russian.

Member

International Bar Association; American Bar Association; Moscow Advocates Chamber; Federal Chamber of Lawyers of the Russian Federation, member of the Council; Non-commercial partnership “Competition Support Association” (Russia); Non-commercial partnership “Competition Support in CIS countries”; FAS Russia Expert Council on competition development in retail business; FAS Russia Expert Council on oil and oil products market.

Education

International Commercial Law Department of the International Law Faculty, Moscow State Institute of International Relations under the Ministry of Foreign Affairs of the Russian Federation, 1993.

Russia

Competition

Within: Competition

ALRUD Law Firm’s lawyers ‘handle every aspect of their work with a high degree of professionalism’, and are ‘extremely knowledgeable and user-friendly’. Practice head Vassily Rudomino is ‘experienced, responsive and has a good understanding of the needs of international clients’. Highlights included acting for Maersk and NYK Line in a major cartel investigation in the shipping industry.

Employment

Within: Employment

With ‘a strong emphasis on response times and a client-oriented approach’, the team at ALRUD Law Firm has ‘a deep understanding of the Russian legal environment and business practices’. Irina Anyukhina heads the practice, where ‘strong expert’ Vassily Rudomino is also recommended. Microsoft is a client.

Search News and Articles

On February 1, 2012 the Russian Federation ratified the Convention of the Organization for Economic Co-operation and Development (OECD) on Combating Bribery of Foreign Public Officials in International Business Transactions (the “Convention”).

It is well known that before making significant managerial decisions, the general
director must obtain approval from the shareholders or the board of directors.
Apart from that, if a director is personally interested in entering into a
transaction, approval is also required to proceed with the transaction. In the
absence of such an approval, the transaction can be challenged and, in certain
circumstances, invalidated. In order to minimize such risks and to eliminate
legal uncertainty for the parties to the transaction, the rules governing major
transactions and interested transactions must be sufficiently clear.
Previously, however, the application of these rules was associated with a large
number of controversial legal issues, which were finally solved as a result of
the legislative amendments, which will enter into force on January 1, 2017.
According to the new amendments, the distinction between major and non-major
transactions has been delineated more clearly, parties have been allowed more
flexibility in relation to approving transactions, the burdensome obligation to
obtain prior approval of interested transactions has been abrogated, and
finally the procedure for challenging transactions in question has been made
much more complex. Overall, the changes should have a positive influence on
business, as they contribute to the establishment of firm legal certainty in
this area of the law.

The rent for leases, especially those in downtown Moscow and other large cities, is often based on the foreign currency exchange rate, which has recently increased almost threefold. Many businesses have been taken aback by this consequence of the economic crisis. Some of them have been put on verge of bankruptcy because of the increased rent and were forced to seek remedies in courts.